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Nov 10, 2012
11/12
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. >> the fiscal cliff. >> the fiscal cliff. >> building fiscal cliff. >> congress created the fiscal cliff to force yourself to do with the national debt is the worst- case scenario in case there is no agreement on cutting spending and raising revenue. if there is no agreement by the end of the year there will be $55 billion a/with 10 percent from each program and another $55 billion from non-defense programs. air travel safety, food safety and medical payments will drop by 27 percent. all americans, rich, poor will see their taxes rise by nearly 50%! the impact on the recovering economy everybody believes is what would have happened to james bond to jamesskyfa'sky >> catherine heenan, kron 4. >>pam: kron 4 is just i justine waldman. >> solutions to keep america from falling off the fiscal cliff are not pretty. >> it would be really hard headed if they come to an agreement. >> the president and congress allowed a kron agreement to fall over by. >> with higher unemployment, the only positive if there is a positive here is that the deficit will go down. >> if there is no agreement it w
. >> the fiscal cliff. >> the fiscal cliff. >> building fiscal cliff. >> congress created the fiscal cliff to force yourself to do with the national debt is the worst- case scenario in case there is no agreement on cutting spending and raising revenue. if there is no agreement by the end of the year there will be $55 billion a/with 10 percent from each program and another $55 billion from non-defense programs. air travel safety, food safety and medical payments will drop...
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Nov 8, 2012
11/12
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>> with the election over, congress and the president approach the fiscal cliff, what could happen if law-makers don't act. >>> and cal-train commuters facing big changes tonight. developing news about one lucky escape. >> complete bay area news coverage starts right now. this is bay area news at 7:00. >> good evening, this is bay area news at 7:00. we begin with developing news out of redwood city. this is video of just about 15 minutes ago when news chopper two of over the scene involving a commuter train.and a car. it happened along the tracks at pennsylvania avenue along maple street. cal train says that the car stalled on the tracks and the driver and a child got out before the train hit the car. train traffic has been halted now for little more than an hour. >>> barack obama is back home after securing a second term in office. the president first lady, and their two daughters returned from chicago, aboard air force one, landing at andrews air force base. president obama won almost all the key swing states last night and then swept most western states, pushing him to victory over
>> with the election over, congress and the president approach the fiscal cliff, what could happen if law-makers don't act. >>> and cal-train commuters facing big changes tonight. developing news about one lucky escape. >> complete bay area news coverage starts right now. this is bay area news at 7:00. >> good evening, this is bay area news at 7:00. we begin with developing news out of redwood city. this is video of just about 15 minutes ago when news chopper two of...
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Nov 8, 2012
11/12
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cuts. >> that's the so-called "fiscal cliff." and it's one factor in a big sell-off on wall street. jill schlesinger, editor at large for cbsmoneywatch.com, joins us now. so jill, what caused the selling? >> reporter: well, you know, it was a bit of that "fiscal cliff." but now there's some serious concerns about the eurozone right now. and that was what got investors kind of freaked out early yesterday morning. dow plunging 313 points or 2.4% to 12,932. s&p down 33 to 1394. nasdaq down 2.5% to 2937. again, that selling started in the premarket yesterday after the european central bank president acknowledged that the debt crisis that dragged down southern european economies is now harming germany's economy. and so as a result, we get a little testy early on in the morning. right now, actually the futures are pointing slightly higher and i'm emphasizing "slightly." >> a lot of people thought it was because of the election. it was like the perfect storm of things going on in europe, as well. what about the "fiscal cliff"? what are
cuts. >> that's the so-called "fiscal cliff." and it's one factor in a big sell-off on wall street. jill schlesinger, editor at large for cbsmoneywatch.com, joins us now. so jill, what caused the selling? >> reporter: well, you know, it was a bit of that "fiscal cliff." but now there's some serious concerns about the eurozone right now. and that was what got investors kind of freaked out early yesterday morning. dow plunging 313 points or 2.4% to 12,932. s&p...
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Nov 8, 2012
11/12
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wz has been holding its breath to deal with the fiscal cliff. once it became clear, principle actors began weighing in. phone calls to congressional leaders and among the major players in congress. the president returned to the white house wednesday night and the reality of governing in a bitterly divided washington. one day after the election -- >> compromise is not a dirty word. i'm willing to negotiate any time on any issue. >> a spirit of cooperation was suddenly in the air. >> mr. president, this is your moment. we want you to succeed. >> reporter: good news for a president with an ambitious agenda. one he laid out tuesday night after winning a second term. >> reducing our deficit, reform ing our tax code, fixing our immigration system, freeing ourselves from foreign oil. >> reporter: up first, so-called fisc. l cliff, toxic combination of spending cuts and tax increases that kicks in at the beginning of next year. a perfect storm that endangers the fragile economy. yesterday the republican speaker of the house laid out his path to a deal.
wz has been holding its breath to deal with the fiscal cliff. once it became clear, principle actors began weighing in. phone calls to congressional leaders and among the major players in congress. the president returned to the white house wednesday night and the reality of governing in a bitterly divided washington. one day after the election -- >> compromise is not a dirty word. i'm willing to negotiate any time on any issue. >> a spirit of cooperation was suddenly in the air....
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Nov 9, 2012
11/12
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KRON
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the looming fiscal cliff. >> ♪ congress created the fiscal cliff in order to force itself to do with the growing national debt. worst-case scenario of a case there is no agreement on cutting spending and raising revenue. if there is no compromise by the end of the year. the pentagon's budget will be slashed by $55 billion. 10th another 55 billion will be cut from non-defense programs education full inspections, air travel safety. medicare payments to doctors will drop by 27 percent. all americans rich and poor will see their taxes rise by up to 50%. the impact on the recovering the economy everyone agrees it will be like what happens to james bond in sky fog. kron 4 news. >> we will follow the latest developments on capitol hill as the approach the fiscal clip. san jose a quick live look traffic is fine. they have rain not too long ago it may still be falling. we will find out from erica. it is chilly 47 in san warning of only 256 this afternoon. 0ñ@Ñ we are back at 4:44 am. here's a look at different of cases throughout the sierra. snow is blanketing roadways and ski resorts. some
the looming fiscal cliff. >> ♪ congress created the fiscal cliff in order to force itself to do with the growing national debt. worst-case scenario of a case there is no agreement on cutting spending and raising revenue. if there is no compromise by the end of the year. the pentagon's budget will be slashed by $55 billion. 10th another 55 billion will be cut from non-defense programs education full inspections, air travel safety. medicare payments to doctors will drop by 27 percent. all...
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Nov 9, 2012
11/12
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cliff. >> the physical plant. >> the looming fiscal cliff. , congress created the fiscal cliff to force itself with the growing national debt. worst-case scenario in case there is no agreement on cutting spending and raising revenue. if there is no compromise by the end of the year, the pentagon's budget will be slashed by $55 billion. a 10% from every program and another 55 billion from non-stiffens programs like education, food, inspections and non- defense-programs. medicare payments will drop to 26 by 27% to doctors and also all tax residents could see a 50% increase on tax residents. it is much like what could see on the james bond " skyfall;; catherine heenan, kron 4. >> president mohammad morrissey, and benjamin netanyahu, and david cameron of england. they say that all of these world leaders are congratulate him on a second term. president obama has the opportunity to travel to miramar-- myamar... coming up next from the jack in the box sports a tadesk [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fanc
cliff. >> the physical plant. >> the looming fiscal cliff. , congress created the fiscal cliff to force itself with the growing national debt. worst-case scenario in case there is no agreement on cutting spending and raising revenue. if there is no compromise by the end of the year, the pentagon's budget will be slashed by $55 billion. a 10% from every program and another 55 billion from non-stiffens programs like education, food, inspections and non- defense-programs. medicare...
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Dec 31, 2012
12/12
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KRON
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cliff. >> a, a combination of automatic spending cuts and tax increases the triggering a recession. >> andrew spencer is lanes of negotiations they must know, " a major setback. >> as well marked makers or on avoiding the fiscal cliff. talks get " a major setback over social security benefits. both sides agree to push for. >> i wonder want to know i want to get this done. i need a dance partner. >> vice president joe biden is apparently that person for which mcconnell. >> the two are taking over talks. if nothing is resolved by midnight tonight. tax breaks for all americans will increase. democrats say it will mean about $2,000 for the average middle class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to london $50,000. republicans want texas a the same period >> republicans want taxes to stay the same period >> i offered over a trillion dol
cliff. >> a, a combination of automatic spending cuts and tax increases the triggering a recession. >> andrew spencer is lanes of negotiations they must know, " a major setback. >> as well marked makers or on avoiding the fiscal cliff. talks get " a major setback over social security benefits. both sides agree to push for. >> i wonder want to know i want to get this done. i need a dance partner. >> vice president joe biden is apparently that person for...
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cliff because i thk that congress would much rather have us go over the fiscal cliff and then vote to lower taxes and increase spending and they can't bare to raise taxes and reduce spending and that's where we'll end up in three months and have a vote to lower taxes and increase spending. >> jonas what does it do in the short-term, i know you're talking long-term. but short. >> they're scaring erybody about this, like we've got to keep pushinon or the world is going tond and it's not as bad a the politicians are pretending it is even. look, it's not a good thing, but psyched into a level and it will be worse than the real effect of having the tax increase on the government level and that's the danger, using it as a tool to get their policies on boats sides of doing this, and they're going to cause -- the first recession is caused by psyching themselves into it and making people scared that things are going to end if we let it happen. >> toby, the final wor re? >> yeah, now, we've seen this movie before and know how it ends and now, at some point, it's start after tragedy for the unit
cliff because i thk that congress would much rather have us go over the fiscal cliff and then vote to lower taxes and increase spending and they can't bare to raise taxes and reduce spending and that's where we'll end up in three months and have a vote to lower taxes and increase spending. >> jonas what does it do in the short-term, i know you're talking long-term. but short. >> they're scaring erybody about this, like we've got to keep pushinon or the world is going tond and it's...
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Nov 30, 2012
11/12
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KTVU
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cliff. > c'mon congress and president. all right, michael alter. i'm going to see you in a month. let's see if some things are improving. i appreciate it. > > i can only hope. thanks for having me. just ahead, are banking stocks ready to short circuit? a couple of traders charge in with their views after the break. >-.y÷$@y+o3vhpe the time has come for traders unplugged. joining us this week, a pair of options pros - alan knuckman and andrew keene. good morning guys. > > good morning angie. > round number one: dividend distributions. will a new, higher capital gains rate ruin the dividend stock payoff? and what will it mean for tech stocks or bonds? > > tech stocks i think are interesting and bonds as well. we have seen 103 companies report special dividends in quarter four. 66 of these companies have reported since president obama came in control. i think we have seen a lot of them. costco came out with a $67 special dividend, las vegas sands, dillard's, ethan allen. the big one i am going to keep an eye on for technolog
cliff. > c'mon congress and president. all right, michael alter. i'm going to see you in a month. let's see if some things are improving. i appreciate it. > > i can only hope. thanks for having me. just ahead, are banking stocks ready to short circuit? a couple of traders charge in with their views after the break. >-.y÷$@y+o3vhpe the time has come for traders unplugged. joining us this week, a pair of options pros - alan knuckman and andrew keene. good morning guys. > > good...
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Nov 7, 2012
11/12
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congress facing a so called fiscal cliff. this is a series of automatic legislative spending cuts and tax increases. if a budget deal is not reached, taxes will rise for 90% of americans. the white house also set to carry out $100 billion in automatic spending cuts to the pentagon. economists say there is a chance the country could slip into another recession. >> the markets are reacting to the election in a very big way. jackie deangelis is live with a look at how futures are trading this morning. good morning, jackie. >> good morning. the futures have turned sharply lower after being higher earlier this morning and of course in the red last night as many of those election returns were coming in. the asian markets were flat to slightly higher overnight. european markets seeing some green today. we did see stocks rally on tuesday. a notion that the uncertainty over the elections would be over soon is what drove the dow yesterday. the nasdaq was up 12, closing at 3011. the question, how does wall street typically trade after a
congress facing a so called fiscal cliff. this is a series of automatic legislative spending cuts and tax increases. if a budget deal is not reached, taxes will rise for 90% of americans. the white house also set to carry out $100 billion in automatic spending cuts to the pentagon. economists say there is a chance the country could slip into another recession. >> the markets are reacting to the election in a very big way. jackie deangelis is live with a look at how futures are trading...
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Nov 8, 2012
11/12
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KPIX
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next tuesday, congress convenes and the top discussion will be on that "fiscal cliff." at the white house, tara mergener cbs 5. >> mitt romney and his wife left their boston hotel this morning. their future is uncertain. romney spent the past six years running for president. what's next? the initial plan is to spend time with family. but his wife recently said he will not run again for president. there is april general consensus the 65-year-old politician was unlikely -- there is a general consensus the 65-year-old politic was unlikely to disappear from the public altogether. >>> voters endorsed proposition 30, governor brown's plan to hike sales and income taxes to raise $6 billion to balance the state budget. so what comes next? cbs 5 political insider phil matier spoke with the governor today. phil. >> reporter: that's right. this is a first step, but we didn't go off the cliff but it's still a rocky road here in sacramento and for california. >>> we're not going to see the $5.5 billion of cutbacks to k- 12. >>> reporter: educators however say there's still more to b
next tuesday, congress convenes and the top discussion will be on that "fiscal cliff." at the white house, tara mergener cbs 5. >> mitt romney and his wife left their boston hotel this morning. their future is uncertain. romney spent the past six years running for president. what's next? the initial plan is to spend time with family. but his wife recently said he will not run again for president. there is april general consensus the 65-year-old politician was unlikely -- there...
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Nov 8, 2012
11/12
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. >>> the election is over but the fight to avoid a "fiscal cliff" has now begun. if democrats and republicans in the lame duck congress don't reach a budget deal by year's end, bush-era tax cuts will expire and deep across the board spending cuts will kick in. some economists warn that could return the nation to recession. for now, party leaders on capitol hill seem willing to compromise. >> we're willing to accept new revenue under the right conditions. what matters is where the revenue increase comes from and what type of reform comes with it. >> it's better to dance than to fight. it's better to work together. >> on election night president obama was on the phone with the four top leaders of the house and the senate. >>> and traders are worried about possible tax increases and spending cuts if there's no congressional action concerning the impending "fiscal cliff." and the fiscal crisis in europe is dragging the market down. yesterday, the dow had its worst day of the year, blue chips falling 312. wall street opening flat today. >>> some californians will get s
. >>> the election is over but the fight to avoid a "fiscal cliff" has now begun. if democrats and republicans in the lame duck congress don't reach a budget deal by year's end, bush-era tax cuts will expire and deep across the board spending cuts will kick in. some economists warn that could return the nation to recession. for now, party leaders on capitol hill seem willing to compromise. >> we're willing to accept new revenue under the right conditions. what matters...
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Nov 9, 2012
11/12
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>> reporter: in reality, the fiscal cliff is a deadline for congress and the president to reach a deal on the bush-era tax cuts. if you think this is something that just affects folks in washington, think again. the average household could pay an extra 2- to 3,000 in taxes. 1200 programs could be cut and it could increase the unemployment rate from 7.9 to 9%. for others, it could actually be worse. take a single mother with two kids making $50,000 a year. if we go over the fiscal cliff, she'll pay an extra $1,000 for an increase in social security taxes. and more than $1,000 because the bush-era income tax cuts are set to expire, meaning an extra $3,000 out of her paycheck next year. today, vice president biden predicted the two sides will come up with a solution. >> we're not going over the cliff. we're determined not to go over the cliff. >> reporter: it's not just the bush-era tax cuts. going over the cliff would also trigger massive federal spending cuts. that combination could push us back into another recession. the president will talk about all this when he makes his first offic
>> reporter: in reality, the fiscal cliff is a deadline for congress and the president to reach a deal on the bush-era tax cuts. if you think this is something that just affects folks in washington, think again. the average household could pay an extra 2- to 3,000 in taxes. 1200 programs could be cut and it could increase the unemployment rate from 7.9 to 9%. for others, it could actually be worse. take a single mother with two kids making $50,000 a year. if we go over the fiscal cliff,...
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Nov 26, 2012
11/12
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. >>> lawmakers are determined to find a way to avoid sending the country off the fiscal cliff. congress has 45 days to come to an agreement on deficit reduction and if they don't spending cuts will go into effect january 31st. both sides are willing to compromise. >>> it is my decision to put them down and violate the pledge, long story short only if democrats will do entitlement reform. >> the key sticking point is what 0 do -- to do about taxes. they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happ
. >>> lawmakers are determined to find a way to avoid sending the country off the fiscal cliff. congress has 45 days to come to an agreement on deficit reduction and if they don't spending cuts will go into effect january 31st. both sides are willing to compromise. >>> it is my decision to put them down and violate the pledge, long story short only if democrats will do entitlement reform. >> the key sticking point is what 0 do -- to do about taxes. they want to raise...
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Nov 8, 2012
11/12
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KNTV
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congress has to get to work on the fiscal cliff or you will be paying a lot more in taxes come january. >>> you may have noticed some cool new technology this morning at starbucks. we'll tell you how it works. [ female announcer ] welcome, one and all, to a tastier festive feast. so much to sip and savor. a feeding frenzy, to say the least. a turkey from safeway will have everyone raving. there's fresh, natural, frozen, whatever your craving. spend $25, and get a frozen safeway turkey for 59 cents a pound. or spend $25, and a frozen butterball turkey, just 99 cents a pound. so raise your glass, pull up a chair, grab a plate. this tastier thanksgiving is well worth the wait. safeway. ingredients for life. ♪ in everytng you do [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. it's one box with hundreds of possibilities. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta
congress has to get to work on the fiscal cliff or you will be paying a lot more in taxes come january. >>> you may have noticed some cool new technology this morning at starbucks. we'll tell you how it works. [ female announcer ] welcome, one and all, to a tastier festive feast. so much to sip and savor. a feeding frenzy, to say the least. a turkey from safeway will have everyone raving. there's fresh, natural, frozen, whatever your craving. spend $25, and get a frozen safeway turkey...
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Nov 9, 2012
11/12
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WUSA
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cliff. >> reporter: congress returns to washington next week. but it is likely lawmakers will push closing a deal right up to the deadline. tara mergener, for cbs news, the white house. >>> now, the president is set to speak at 1:00. we will be streaming it live on our web site. wusatv9.com. >>> former democratic national committee chair terry mcauliffe is running for political office and sent an e-mail announcing he will run for governor of virginia. he tried for governor last year but lost in the democratic provide mare. since the current governor republican bob mcdonald cannot run again, they are seeking the republican nomination. >>> this election day, maryland became one of the three states to pass the same-sex marriage by popular vote. the first weddings take place in january but as chris fisher report, one local company has been planning these kinds of weddings for the last 13 years. >> same-sex weddings may be new to maryland but not catherine. >> the web site is gay weddings.com. we are a comprehensive planning resource for same-sex cou
cliff. >> reporter: congress returns to washington next week. but it is likely lawmakers will push closing a deal right up to the deadline. tara mergener, for cbs news, the white house. >>> now, the president is set to speak at 1:00. we will be streaming it live on our web site. wusatv9.com. >>> former democratic national committee chair terry mcauliffe is running for political office and sent an e-mail announcing he will run for governor of virginia. he tried for...
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Dec 24, 2012
12/12
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KRON
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talks will resume thursday to avoid the fiscal cliff. resident obama and congress are now on christmas vacation. the white house and the house of representatives have still yet to reach an agreement to prevent automatic tax hikes and spending cuts that will take effect on january first if the american red cross bay area chapter is opening an evacuation center in east palo alto for residents affected by widespread flooding near the san francisquito creek. the creek jumped its banks near west bayshore road and widespread rain across the bay area this weekend. >> @ advance of the rainfall is coming from this on and crew gaffes that main band, through the north bay however, staying of with wind gusting of 30 m.p.h. for the coast. however, not much moisture associated with this system. perhaps one-quarter of 1 in. at the lower elevations. for those located in the hills, not much rainfall many people do not have to be out on the roadways. as most of to be inside. if you're going to the sierras, tire chain laws 4 interstate-80, 88. mostly cloud
talks will resume thursday to avoid the fiscal cliff. resident obama and congress are now on christmas vacation. the white house and the house of representatives have still yet to reach an agreement to prevent automatic tax hikes and spending cuts that will take effect on january first if the american red cross bay area chapter is opening an evacuation center in east palo alto for residents affected by widespread flooding near the san francisquito creek. the creek jumped its banks near west...
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Nov 26, 2012
11/12
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. >>> workers are determined to avoid sending the country off the fiscal cliff. congress now has 35 taser to come to an agreement on deficit reduction. if they don't spending cuts will go into effect on january 1st and both parties say they are ready to compromise. the number of deadly crashes were up but dui arrests were actually down slightly. the chp said 31 people were killed including 6 between wednesday morning and today. many of those people were not wearing those seat belts. 224 people were arrested on suspicion of dui and that compares to 227 last year. i definitely remembered to put on a seat belt this morning. fog is a major problem in many areas, right tara? >> reporter: the fog is taking hold in oakland, vallejo, and san francisco county so definitely take your time and here is a look, fog has just settled in there and traffic is going well, westbound are those headlights as you make your way towards concord. you can barely see anything and you can make out those headlights and at the bay bridge toll a plaza where a fog advisory is in effect for this
. >>> workers are determined to avoid sending the country off the fiscal cliff. congress now has 35 taser to come to an agreement on deficit reduction. if they don't spending cuts will go into effect on january 1st and both parties say they are ready to compromise. the number of deadly crashes were up but dui arrests were actually down slightly. the chp said 31 people were killed including 6 between wednesday morning and today. many of those people were not wearing those seat belts....
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Nov 6, 2012
11/12
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CNBC
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we will get answers. >>> can anybody fix the fiscal cliff? congress back in session next week. what will be done? what won't be done? we will find out coming up. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> all right. if you follow predictive websites, intrade, an intraday chart, seeing the president up 4.5% from his close. he is down a little off his peak, intra day still up from close last night. what about mir. can you imagine if the president is going up,
we will get answers. >>> can anybody fix the fiscal cliff? congress back in session next week. what will be done? what won't be done? we will find out coming up. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you...
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Nov 7, 2012
11/12
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FOXNEWS
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no change in the balance of power in congress as we approach the fiscal cliff. it is looming. it is large. are lawmakers any closer to striking a deal? you know that answer. >> a historic day for same-sex marriage and the legalization of pot. they are getting high rocky mountain style ahead all ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city the dow has dived today. the dow jones industrial average has been down 2 percent for the afternoon close to 300 points. the reason according to our colleagues at fox business network is looming concerns over the fiscal cliff. lack of certainty whether they will get anything done. the global economy, too. the morning after the election. now the afternoon after. wall street is going, well $we -- can we get this fixed. storm battered new york and new jersey, and i was in my office on the 17th floor you can barely see times square a block away. it is snowing to beat the band. in new jersey and new york people are without power and in many cases without homes, it is another dangerous w
no change in the balance of power in congress as we approach the fiscal cliff. it is looming. it is large. are lawmakers any closer to striking a deal? you know that answer. >> a historic day for same-sex marriage and the legalization of pot. they are getting high rocky mountain style ahead all ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city the dow has dived today. the dow jones industrial average has been down 2...
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congress, pay attention, because the fiscal cliff is coming. it's time to fix it. otherwise, come next election, the american people will be your judge and jury. >>> i'll be back later today on "your money" at 1:00 p.m. i know you've got some smart questions and opinions, you always do.
congress, pay attention, because the fiscal cliff is coming. it's time to fix it. otherwise, come next election, the american people will be your judge and jury. >>> i'll be back later today on "your money" at 1:00 p.m. i know you've got some smart questions and opinions, you always do.
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Nov 8, 2012
11/12
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WBAL
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the rating will be downgraded if congress does nothing about the fiscal cliff. but compromise seemed to be the word of the day from leaders on both sides of the aisle. >> it is better to work together. >> john boehner signaled his party may be open to a deal. he would prefer for a more temporary solution for now till the new congress can hammer out the reforms next year. harry reid wondered why the wait. >> we know what the issue is and we need to solve the issue. >> president obama is looking ahead to the lame-duck meeting next week. hallie jackson, wbal-tv 11 news. >> thank you. there is a water main that ruptured on wednesday turning streets into rivers. jennifer franciotti is live. >> the work is slow but sure. it looked like a raging river yesterday. as the look of charles street, the break in the main happened on east 20th street causing the road to buckle. the water is still flowing but looking like nothing like it did yesterday morning. the repairs have not begun yet. big time traffic jam. getting a around a huge problem in one of the busiest parts of ba
the rating will be downgraded if congress does nothing about the fiscal cliff. but compromise seemed to be the word of the day from leaders on both sides of the aisle. >> it is better to work together. >> john boehner signaled his party may be open to a deal. he would prefer for a more temporary solution for now till the new congress can hammer out the reforms next year. harry reid wondered why the wait. >> we know what the issue is and we need to solve the issue. >>...
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Dec 28, 2012
12/12
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KGO
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congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs snow has increased snow back to nearly 150% of normal. >> partial supply in the barn either in reservoir storm or snow pack. however, it still depends on the remainder of the season 2/3 of the wet season is still let. >> snow pack runoff normally provides cal with a third of its water supply. >>> more -- more water on the way. >> this storm is so close to the coast it probably won't get snow in the sierra. good morning. because the storm is so close to the coast we have a high surf advisory be detail out there, dangerous rip currents as the storm passes today through tomorrow. beautiful picture from mount tamal
congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs...
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Nov 8, 2012
11/12
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WUSA
tv
eye 138
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going off the fiscal cliff means crashing into your home. >> if we go over the fiscal cliff, we will increase taxes by $500 billion through 2013. that's an average tax increase of $3500 for every household in america. >> then there is is he qes straichghts months and months ago congress said we will impose automatic cuts that are so bad in january that, of course, we'll cut a better deal before they kick in. they haven't cut a better deal. >> it's just across the board sought doesn't speak to the quality of the programs at all. it's just a very slap-dash approach. in that respect people are going to get hurt unnecessarily, so think smithsonian, department of interior, department of commerce, across the board cuts. >> for that matter, think metro. >> $12 million cuts in the federal contribution to metro, and ridership will go down. they actually think this could be about a $30 million hit to metro. >> $100 billion in cuts. >> every single government program except for medicaid and social security is going to get cut at the end of the year if we go over the cliff. >> with government cu
going off the fiscal cliff means crashing into your home. >> if we go over the fiscal cliff, we will increase taxes by $500 billion through 2013. that's an average tax increase of $3500 for every household in america. >> then there is is he qes straichghts months and months ago congress said we will impose automatic cuts that are so bad in january that, of course, we'll cut a better deal before they kick in. they haven't cut a better deal. >> it's just across the board sought...
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Nov 7, 2012
11/12
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KPIX
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most urgently a fiscal cliff looming next month. economists warn if congress doesn't reach a mix of all tax increases and spending cuts, the economy could fall back into recession. but the president is optimistic. >> despite all the frustrations of washington, i have never been more hopeful about our future. >> reporter: with high unemployment and a huge national debt, the president has the next four years cut out for him. he will be sworn in for the second term during a private ceremony on january 20. the main public event will be in the nation's capital the next day. reporting in chicago, i'm bigad shaban. now back to you. >>> thank you. a big win for governor brown and for california schools. prop 30 passed with 54% of the vote. it is a plan that will increase taxes on wealthy californians to help better fund schools. cbs 5 reporter anne makovec over in oakland now with reaction from some of the teachers and voters alike. anne. >> reporter: looks calm out here but you can bet there's a lot of celebration from administrators, teac
most urgently a fiscal cliff looming next month. economists warn if congress doesn't reach a mix of all tax increases and spending cuts, the economy could fall back into recession. but the president is optimistic. >> despite all the frustrations of washington, i have never been more hopeful about our future. >> reporter: with high unemployment and a huge national debt, the president has the next four years cut out for him. he will be sworn in for the second term during a private...
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Dec 22, 2012
12/12
by
KRON
tv
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the looming fiscal cliff while congress is told holidays. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life. plus, add hbo and cinemax and get the first three months free. [ male announcer ] with u-verse tv, you can record four shows at once with the total home dvr that lets you play back, pause, or rewind your shows from any room. get over 170 hd channels. that's more than cable. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life. plus, add hbo and cinemax, and get the first three months free. [ male announcer ] and now, exclusively from at&t, our wireless receiver lets you move your tv where you want around the house, even outside. so you're no longer tied to the tv outlet. [ female announcer ] at&t u-verse. tv like you've never seen before. ♪ >> pam: today marks one week since the mass shooting
the looming fiscal cliff while congress is told holidays. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months, with a total home dvr included free for life. plus, add hbo and cinemax and get the first three months free. [ male announcer ] with u-verse tv, you can record four shows at once with the total home dvr that lets you...
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Nov 8, 2012
11/12
by
KTVU
tv
eye 181
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. >>> now that pressure is intensifying on congress they need to avoid the so called fiscal cliff out this year and house speaker house speaker john boehner -- house speaker john boehner seems to be offering the first olive branch. >> reporter: they brought some defeat for republicans and they need to keep it inside the house and now he is tolling do -- willing to do a little more deal making with president barack obama. house speaker john boehner suggested for the first time a framework to avoid massive spending cuts and tax increases which kick in, in less than two months if congress does not act. >> they are willing to accept some additional revenues via tax reform. >> they have insisted they are willing to okay some tax increases on wealthier americans to avoid the fiscal cliff, and now the president is having his first presidential briefing at the white house this morning and there is some speculation today he could hold a news conference today. reporting live, allison burns, ktvu channel 2 morning news. >>> sad story, a student oakland has died in a fatal atv crash. he apparentl
. >>> now that pressure is intensifying on congress they need to avoid the so called fiscal cliff out this year and house speaker house speaker john boehner -- house speaker john boehner seems to be offering the first olive branch. >> reporter: they brought some defeat for republicans and they need to keep it inside the house and now he is tolling do -- willing to do a little more deal making with president barack obama. house speaker john boehner suggested for the first time a...
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not getting rid of the uncertainty around the fiscal cliff. think about what we are doing with retail sales right now with the christmas season. the most important part of the whole year. people are holding back because they do not know what will happen with their tax rates. as soon as we can get a deal done, frankly, a $4 trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you are really the leader of this. the gang of six and morphed into a bigger group. do you feel as involved now or are you somehow kind of saying to yourself, boy, i do not have a say at all anymore. >> is it that obvious on my face? it is pretty darn frustrating. i have spent two and a half years. there is a large overwhelming majority ready to do their part. i have been in a lot of negotiations over my business career. too many cooks in the kitchen making this. i can tell you this much, there is an awful lot of us who are willing to vote and give ideas to
not getting rid of the uncertainty around the fiscal cliff. think about what we are doing with retail sales right now with the christmas season. the most important part of the whole year. people are holding back because they do not know what will happen with their tax rates. as soon as we can get a deal done, frankly, a $4 trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you...
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Nov 14, 2012
11/12
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WUSA
tv
eye 152
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he's been meeting with business and labor leaders ahead of fiscal cliff negotiations with congress, but the president is sure to be questioned about the scandal surrounding general petraeus and allen. he's also likely to be questioned about his plans to replace general petraeus. secretary of state hillary clinton and treasury secretary timothy geithner. >>> today democrat national pelosi will announce whether she'll continue in her role as house minority leader or step down. she's asked female democrats in the house including incoming freshmen to join her at the conference. she became the first woman to lead a party caucus in the house and senate. after the mid-term elections, she became the first emale speaker of the house ever. >>> we have new information on the massachusetts pharmacy linked to a deadly meningitis outbreak. federal health inspectors wanted to shut down the new england compounding center ten years ago but federal regulators deferred to their state counterparts who reached an agreement with the pharmacy to settle safety concerns. more than 400 people have become sick fr
he's been meeting with business and labor leaders ahead of fiscal cliff negotiations with congress, but the president is sure to be questioned about the scandal surrounding general petraeus and allen. he's also likely to be questioned about his plans to replace general petraeus. secretary of state hillary clinton and treasury secretary timothy geithner. >>> today democrat national pelosi will announce whether she'll continue in her role as house minority leader or step down. she's...
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Nov 8, 2012
11/12
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WUSA
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cliff. congressional leaders from both parties started actually talking on wednesday. bill plante is at the white house. bill, good morning. >> reporter: good morning. imagine that. washington has been holding its breath waiting to see who would have to deal with its most immediate problem the fiscal cliff. once it became clear the principal actors began weighing in there were phone calls from the president to congressional leaders and among the major players in congress. the president returned to the white house wednesday night as to the reality of governing in a bitterly divided washington. but one day after the election -- >> compromise is not a dirty word. i'm willing to negotiate any time on any issue. >> reporter: a spirit of cooperation was suddenly in the air. >> mr. president, this is your moment. we want you to succeed. >> reporter: good news for a president with an ambitious agenda, one he laid out tuesday night after winning a second term. >> reducing our deficit. reforming our t
cliff. congressional leaders from both parties started actually talking on wednesday. bill plante is at the white house. bill, good morning. >> reporter: good morning. imagine that. washington has been holding its breath waiting to see who would have to deal with its most immediate problem the fiscal cliff. once it became clear the principal actors began weighing in there were phone calls from the president to congressional leaders and among the major players in congress. the president...
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Nov 18, 2012
11/12
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KBCW
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eye 104
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cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows sharpened and smart phones in hand, shoppers are getting primed for black friday. the most analyzed day of the retail year and the holiday season opener. the good news for retailers, an early thanksgiving means the season is longer with 33 shopping days. but the economy is still sluggish and washington atmospherics have rattled consumers. >> retailers are concerned. in a recent survey, 72% of consumers say they were changing their shopping patterns as a result of the uncertainty over the situation. >> reporter: a
cliff. president obama urged congress to take action. the president said he had a constructive meeting with congressional leaders. republicans insist that reforms to entitlements must be considered. the stock market its first gain in four days. even with more shopping days this year, during the holiday season it's hard to find the spirit of christmas when the fiscal cliff looms over. retailers are trying new strategies to bring out shoppers. >> reporter: as in years past with elbows...
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Nov 8, 2012
11/12
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WBAL
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credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of that fight. it is better to work together. republican speaker of the house signaled his party may be open to deal that includes higher taxes. to the we are willing to except the revenue under the right conditions. democratic senate majority leader harry reid wonder why the wait? >> i am not for kicking the can down the road. i did we have done up far too much. we know what the issue is, and we need to solve that issue. >> president obama looking ahead to the lame-duck session of congress next week. in washington, hallie jackson, wbal-tv 11 news. >> the 11 news eye team caught up with sheila dixon to talk about her troubles. probation officials say she is to spare her a00 dr criminal conviction. and >> i haven't really trying to catch up. now i will work harder to get this behind me. i feel sorry for those in worse conditions that i am. >> she told that she hopes to
credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of that fight. it is better to work together. republican speaker of the house signaled his party may be open to deal that includes higher taxes. to the we are willing to except the revenue under the right conditions. democratic senate majority leader harry reid wonder why the wait? >> i am not...
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Nov 22, 2012
11/12
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KTVU
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one of the car industry's top economic analysts says if congress lets the nation go over the fiscal cliff, car sales could plunge 20%. a huge hit on the auto industry as well as the overall economy. >>> organizers of a thanksgiving dinner say they are in need of more donations. david stevenson is live in the city where it's already heating up there. >> reporter: the volunteers the started showing up at glide, and they are already getting down to business. this is the bread locker where folks are preparing hundreds of loads of bread that they will be serving tomorrow. further down, you can see some of the preparations tonight for the 5- to 6,000 thanksgiving meals they will cook for tomorrow. glide has been doing this for 29 years. the hungry will come to the church basement here tomorrow starting at 7 a.m. despite the piles of food you see here, organizers say donations are still well below pre-recession levels. >> donations are still down. we have been getting turkeys and all of a sudden we're getting turkeys from everywhere, which is great but still not enough for all the meals we have
one of the car industry's top economic analysts says if congress lets the nation go over the fiscal cliff, car sales could plunge 20%. a huge hit on the auto industry as well as the overall economy. >>> organizers of a thanksgiving dinner say they are in need of more donations. david stevenson is live in the city where it's already heating up there. >> reporter: the volunteers the started showing up at glide, and they are already getting down to business. this is the bread locker...
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Nov 27, 2012
11/12
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KPIX
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. >>> and the cliff. coming up in the next half hour, avoiding the fiscal cliff. congress back at work after the holiday break and shifting view op tax -- on tax reform and their demand from democrats. >>> and why more workers at a bay area airport could be allowed to carry firearms. >>> a bay area college launches a new recruiting strategy. why it is spending six figures to target a specific group of students. ,,,,,,,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- for ways to
. >>> and the cliff. coming up in the next half hour, avoiding the fiscal cliff. congress back at work after the holiday break and shifting view op tax -- on tax reform and their demand from democrats. >>> and why more workers at a bay area airport could be allowed to carry firearms. >>> a bay area college launches a new recruiting strategy. why it is spending six figures to target a specific group of students. ,,,,,,,, when i take a picture of this check, it goes...
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Nov 9, 2012
11/12
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FOXNEWSW
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fiscal cliff. they are going to want to see it through. >> the same is true of defense secretary leon pineda who found cuts that could be devastating to the pentagon. a spokesman shut down talk of pineda's departure. >> he has spoken clearly on his job today he focused on mission of department of defense and not focused on his personal future. >> stooe enpat who worked in white house administrations after four years cabinet members like to go to their soccer games have some what of a normal schedule where there usually is lucrative offers waiting for them. >>> 18 after the hour. still to come doctors are supposed to help them lose weight. turns out most doctors would rather not treat over weight patients. anna kooiman explains in this week's fox health fix coming up. >>> a massive manhunt. police are looking for a robber using an ak-47 after he strikes again. >> quick headlines for you at this hour. the school getting an f grade in money management. they got 300 million in order to pay their bills.
fiscal cliff. they are going to want to see it through. >> the same is true of defense secretary leon pineda who found cuts that could be devastating to the pentagon. a spokesman shut down talk of pineda's departure. >> he has spoken clearly on his job today he focused on mission of department of defense and not focused on his personal future. >> stooe enpat who worked in white house administrations after four years cabinet members like to go to their soccer games have some...
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not only is he in a staredown with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple of surprises here. these are the names we've been hearing over the last couple weeks. one is interesting. chuck hagel, a former senator. he's a republican. also, john kerry, currently in the senate. michelle flournoy. hagel would be an interesting pick. if he picks hagel, a republican, that takes some of the heat off of susan rice to be nominated as secretary of state. she's had a tough time on capitol hill talking to republicans. if you get a package deal, a republican and a democrat, that you're nominating from the president. what are senators going to do, but tak
not only is he in a staredown with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple...
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Oct 26, 2012
10/12
by
FBC
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eye 81
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because of the fiscal cliff. we have got to have something done. it seems to me we will get a deal but it might be market negative. >> we have seen this movie before. they keep telling us is different but it is not different. there will be a lot of rhetoric and the more ceos that jump on board talking about how alarmed they are the more nervous market investors will get and we will see choppy trading and a pullback especially as we reach the eleventh hour. with that in mind we think the reentry point will be created by this pool back because they will kick the can down the road. there is going to be a compromise. i could say that as matter-of-fact but we have seen this. cheryl: getting back to the market before the end of the year the pullback in the month of december, we still are not clear whether we will have capital gains, dividend tax. those are massive market negatives. that does not tell anybody to buy stocks at that point before the end of the year. >> it is and the blind convention to go in but i will sa
because of the fiscal cliff. we have got to have something done. it seems to me we will get a deal but it might be market negative. >> we have seen this movie before. they keep telling us is different but it is not different. there will be a lot of rhetoric and the more ceos that jump on board talking about how alarmed they are the more nervous market investors will get and we will see choppy trading and a pullback especially as we reach the eleventh hour. with that in mind we think the...
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Nov 7, 2012
11/12
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KNTV
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congress faces so-called fiscal cliff. you heard scott talking about this earlier. it's a series of automatic legislative spending cuts and tax increases. if a budget deal is not reached by the end of the year, taxes will rise for 90% of americans. the white house is also set to carry out $100 billion in automatic spending cuts to the pentagon. economists say there is a chance the country could slip into another recession. >>> and it is history in the making for one specific and very controversial issue. we're talking same-sex marriage. voters in maryland and maine approving measures to allow same-sex marriage. earlier returns in washington state showed voters narrowly approving gay marriage while in minnesota voters rejected a proposed constitutional amendment to write man/woman marriage into the constitution. >>> and we will be right back. [ female announcer ] this is the story of joycelin... [ joycelin ] it was a typical morning. i was getting ready for work, and then i got this horrible headache, and then i blacked out. [ female announcer ] ...who thought she ha
congress faces so-called fiscal cliff. you heard scott talking about this earlier. it's a series of automatic legislative spending cuts and tax increases. if a budget deal is not reached by the end of the year, taxes will rise for 90% of americans. the white house is also set to carry out $100 billion in automatic spending cuts to the pentagon. economists say there is a chance the country could slip into another recession. >>> and it is history in the making for one specific and very...
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Dec 31, 2012
12/12
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FBC
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liz: the framework, the skelton, is set for a deal on the fiscal cliff but congress still has to vote on it before this goes into efence. -- effect, let's bring in our panel of congressman with expertise on this. mick mulvaney of south carolina, tim huelskamp kansas and dennis cue cues ohio. you've been leaving congress. you've been term-limited by voters. i know you're general in favor of what you would call a more fair tax system. the top 3%, everybody earning $250,000 or more, pay about 60% of all the federal income taxes that are paid. 3% say, 60%. how much more do you think they should pay before it is fair? >> well, the choices we've been given aren't the best choices, i will tell you that. we ought to be creating more taxpayers. we ought to be talking about jobs. david: i agree. bingo. >> how is it that we've avoided this discussion? all we're talking about is getting more money of people working right now. so, you know, there has to be some kind of a cuttoff about preserving the current tax cuts. i opposed the bush tax cuts because i thought most of the benefits were accelerat
liz: the framework, the skelton, is set for a deal on the fiscal cliff but congress still has to vote on it before this goes into efence. -- effect, let's bring in our panel of congressman with expertise on this. mick mulvaney of south carolina, tim huelskamp kansas and dennis cue cues ohio. you've been leaving congress. you've been term-limited by voters. i know you're general in favor of what you would call a more fair tax system. the top 3%, everybody earning $250,000 or more, pay about 60%...
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Nov 8, 2012
11/12
by
WTTG
tv
eye 123
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the fiscal cliff. if you think you are not affected by it, you are wrong. 88% of americans will see their taxes rise by $3500 a year if congress doesn't act. >> okay. well, we're going to start singing kumbaya here. maybe it will reach. >> i have good news for you guys though. we don't have to end on a down note. job less claims. you know that weekly measure for the number of people applying for benefits. it was pretty good this week. we'll take it. an encouraging sign for the job market. might have been sandy with power out in many places. >> just end right there with what you said. lauren from new york. thank you so much. good to see you . >> we'll take any good news we can get. >> football talent tching the eyes just a 9 year old and a girl. i'm just going to say tony, we have more news coming up after the break. >> yes, we do. wisdom is taking a look at the election we think. we don't know what's happening. we'll be back with something else in a few moments. >> don't go anywhere.
the fiscal cliff. if you think you are not affected by it, you are wrong. 88% of americans will see their taxes rise by $3500 a year if congress doesn't act. >> okay. well, we're going to start singing kumbaya here. maybe it will reach. >> i have good news for you guys though. we don't have to end on a down note. job less claims. you know that weekly measure for the number of people applying for benefits. it was pretty good this week. we'll take it. an encouraging sign for the job...
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126
Dec 24, 2012
12/12
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WRC
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cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities aren't on the receiving end. the single biggest sour
cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >>...
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Dec 24, 2012
12/12
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KGO
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. >>> pulling the nation back from the fiscal cliff why congress may be selling the new year on capitol hill. >> first america's money report. >>> good morning. topping america's money, last minute shopping, many shoppers haven't finished. consumer reports says 17 million will be shopping today, more than 60% will throw in the towel and get those gift cards. so far, a quiet holiday season at the malls, analysts say shoppers are worried about the budget stalemate in washington delayed by superstorm sandy and depressed by the connecticut school shooting. retailers hope today will make up for that many federal workers have more time to shop, president obama gave them today off, many government offices are closed. financial markets closing early as are most post offices. the hobbit topped box office again for the second straight weekend, it took in 37 million dollars more than double any other movie even though many did their last minute shopping instead that's . >>> just about 5:14 thank you spore spending your christmas eve with us. live look towards san francisco, beautiful lights, bay,
. >>> pulling the nation back from the fiscal cliff why congress may be selling the new year on capitol hill. >> first america's money report. >>> good morning. topping america's money, last minute shopping, many shoppers haven't finished. consumer reports says 17 million will be shopping today, more than 60% will throw in the towel and get those gift cards. so far, a quiet holiday season at the malls, analysts say shoppers are worried about the budget stalemate in...
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Nov 8, 2012
11/12
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WBAL
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to avoid that so-called fiscal cliff. nbc's trais si potts is in washington. >> reporter: good morning. he's back here and the real work begins starting with the economy including that fiscal cliff that you mentioned, taxes and budget problems that could kick in by the end of this year. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. >> reporter: fresh off his election victory, president obama's already been on the phone with top democrats and republicans in congress urging them compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments. and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced a second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and
to avoid that so-called fiscal cliff. nbc's trais si potts is in washington. >> reporter: good morning. he's back here and the real work begins starting with the economy including that fiscal cliff that you mentioned, taxes and budget problems that could kick in by the end of this year. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. >> reporter: fresh off his election victory, president...
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Nov 13, 2012
11/12
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. >>> and the countdown to fiscal cliff begins. congress continues to work where skr just seven weeks to reach a deal. >> and vodaphone shares fall after it takes a mitt in its spanish and italian businesses. >>> lot of breaking newses including the iea report following the big report yesterday. >> overtaking saudi arabia is getting a buzz. >> but a monthly basis, global oil demand cut by -- to 90.1 million barrels a day. impact of hurricane sandy in the u.s., reduced, as well. crude oil supply dipped to a nine month low. so the demand being cut, patrick armstrong is where us, managing partner at investment managers. but that's clearly because of global weakness -- well, economic weakness in europe and hurricane impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think pr
. >>> and the countdown to fiscal cliff begins. congress continues to work where skr just seven weeks to reach a deal. >> and vodaphone shares fall after it takes a mitt in its spanish and italian businesses. >>> lot of breaking newses including the iea report following the big report yesterday. >> overtaking saudi arabia is getting a buzz. >> but a monthly basis, global oil demand cut by -- to 90.1 million barrels a day. impact of hurricane sandy in the...